Circulate Black Dollars in Black Community

Circulate Black Dollar Stamp

 

The Black Star Project launched a campaign to raise awareness of how we spend money, and how that money spent shapes our communities. Blacks in America have about a $1.3 trillion gross national income. Only 2% of that money, about $26 billion, is re-circulated in the black community.

How long does money stay in the various communities? 

A dollar circulates:

  • 6 hours in the Black community
  • 17 days in the White community
  • 20 days in the Jewish community
  • 30 days in the Asian community

The Black Star Project is working to change this narrative! For the full analysis, check out Updated: How Do Black People Spend Their Money? (The Racial Wealth Gap)